Creating Stakeholder Value

Project updates M7-M12 Integration Project- overview and update M7 is a -39km, four lane motorway between the M5 West at Prestons to the M2 at Baulkam Hills Proposal to widen the M7 from four to six lanes, including integrating the M7 into the future M12 through a new M7/M12 interchange Currently in Stage 2 of the NSW Government's Unsolicited Proposal Process and remains subject to assessment by the NSW Government M7 widening- Future Hills M2 M4 Motorway M12 Motorway Westlink M7 M7/M12 interchange Proposed Western Sydney Airport New M4 M7-M12 Integration Project-new connections for Western Sydney • Transurban expects the M7-M12 to deliver a range of benefits to all stakeholders by supporting growth in Western Sydney. This is enabled by establishing a direct connection from the future Western Sydney Airport via M12 to key freight precincts, CBD, Port Botany and Sydney Airport Time savings. Customers are expected to save at least over four million hours of travel time per year following completion of the M7 widening¹ Supporting growth in Western Sydney. Enhanced productivity on a key freight route with faster and safer road travel will likely support future growth in Western Sydney Capability to deliver. Transurban has the expertise and capability to deliver the widening and new interchange, along with integrating traffic flow from the future M12 into the M7 and broader Sydney assets Delivering value for government, community and business. Creating road transport solutions for government that provide a critical link for Western Sydney to key areas of commerce and leisure Benefitting local business. Working with local suppliers to support job creation through the construction phase Continued support from investment partners. Continued collaboration with long-term investment partners expected to deliver value for all stakeholders Timelines • M7 widening and M7/M12 interchange expected to take around three years to complete Anticipate tendering process for D&C contractor to commence in 2022 Work on the M12 Motorway is anticipated to start in 2022 and expected to be completed prior to the Western Sydney International opening in 2026 Fredericksburg Extension update Contract adjustment agreed with D&C contractor on the Fredericksburg Extension Project resulting in an immaterial cost adjustment to Transurban and revised anticipated opening date of late 2023 1. Economic analysis prepared by AECOM. Transurban 34

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